Article – Property and Build Policies announced by the Government to control the housing crisis have started showing results, but Kalkine Chief Executive Kunal Sawhney says more needs to be done. Real Estate Institute of New Zealand (REINZ) data saw house sales in April …
Policies announced by the Government to control the housing crisis have started showing results, but Kalkine Chief Executive Kunal Sawhney says more needs to be done.
Real Estate Institute of New Zealand (REINZ) data saw house sales in April drop compared to March while the total number of properties sold declined by 28%.
Prices also showed signs of easing with the national median selling price down by 1.8% as compared to March at $810,000. However, prices varied between one region and the other, with some regions experiencing an increase.
In our April and May surveys we recorded sharp declines in most measures of market activity following the reimposition of Loan to Value Ratio rules and the March 23 announcements around interest expenses deductibility and the brightline test. This .
A substantial block of residential development land near the edge of Gisborne’s urban boundary – holding enough land to sustain dozens of new homes when subdivided – has been placed on the market for sale. <img src='https://img.scoop.co.nz/stories/images/2105/4034c2ac865486dd1f85.jpeg' .